Right to Perform Obligations. Upon Pledgor’s failure to perform any of its duties hereunder and after ten (10) days written notice of such failure from Secured Party, Secured Party may, but it shall not be obligated to, perform any of such duties and Pledgor shall forthwith upon demand reimburse Secured Party for any expenses incurred by Secured Party in so doing; provided that no prior notice shall be required if in Secured Party’s reasonable judgment such delay would materially jeopardize or impair the value of the Collateral (Secured Party shall provide written notice as soon as practical following the taking of such action).
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Samples: Settlement Agreement (Authoriszor Inc), Settlement Agreement (Authoriszor Inc), Settlement Agreement (Authoriszor Inc)
Right to Perform Obligations. Upon Pledgor’s 's failure to perform any of its duties hereunder and after ten five (105) days written notice of such failure from Secured Party, Secured Party may, but it shall not be obligated to, perform any of such duties and Pledgor shall forthwith upon demand reimburse Secured Party for any expenses incurred by Secured Party in so doing; provided that no prior notice shall be required if in Secured Party’s 's reasonable judgment such delay would materially jeopardize or impair the value of the Collateral (Secured Party shall provide written notice as soon as practical following the taking of such action)Collateral.
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Samples: Pledge Agreement (Probex Corp)
Right to Perform Obligations. Upon Pledgor’s 's failure to perform ---------------------------- any of its duties hereunder and after ten five (105) days written notice of such failure from Secured Party, Secured Party may, but it shall not be obligated to, perform any of such duties and Pledgor shall forthwith upon demand reimburse Secured Party for any expenses incurred by Secured Party in so doing; provided -------- that no prior notice shall be required if in Secured Party’s 's reasonable judgment such delay would materially jeopardize or impair the value of the Collateral (Secured Party shall provide written notice as soon as practical following the taking of such action)Collateral.
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